Hyundai Rotem Earns A+ in ESG Ratings for Third Consecutive Year, Citing Green and Supply Chain Gains

[Financial News] Hyundai Rotem has earned an A+ rating for the third consecutive year in the Korea Institute of Corporate Governance and Sustainability’s environmental, social and governance (ESG) assessment.
Hyundai Rotem said on the 13th that it received an overall A+ (Very Good) rating in the “2026 ESG Assessment of Listed Companies” announced by the Korea Institute of Corporate Governance and Sustainability (KCGS). Every year, KCGS evaluates the sustainability management of domestic listed companies in the environmental, social and governance sectors and assigns ratings. Hyundai Rotem has maintained the same rating for three consecutive years since first receiving an A+ in 2024.
The assessment recognized the company’s key achievements, including expanding renewable energy production, managing carbon emissions and strengthening its ESG management system for suppliers. In the environmental category, it received high marks for installing solar power generation facilities and introducing an internal carbon pricing system. Last December, Hyundai Rotem installed solar power facilities with a total capacity of 640 kW at its Changwon plant, a key production base, and began producing renewable energy in-house. It also introduced an internal carbon pricing system under which, when reviewing new investments of 500 million won or more, projected carbon emissions are converted into costs and factored into investment decisions.
In the social category, Hyundai Rotem focused on strengthening its ESG management system for suppliers. Last year, it conducted ESG assessments of 150 key suppliers and carried out on-site inspections at 56 suppliers that needed to make improvements. It has also received improvement plans from these suppliers and is checking whether they are being implemented. For overseas suppliers, it expanded the scope of supply chain management by adding clauses to standard purchase agreements requiring compliance with standards on human rights, labor, the environment and ethics.
In the governance category, Hyundai Rotem established an independent board of directors last November and adopted sustainability disclosure regulations in December. These steps strengthened the board’s independence and laid the groundwork for systematically managing ESG-related business strategies, goals and performance.
A Hyundai Rotem representative said, “We will continue to fulfill our responsibility to foster a sustainable industrial ecosystem with not only our suppliers but all stakeholders.”
[email protected] Jung Won-il Reporter